I don't think there's enough gas in the tank for this kind of move, but the pattern is there and I wanted to share with the community. Please feel free to comment. I'm not an expert on waves.
הערה:
Are we expecting any big news on Monday? I haven't been following the news lately.
הערה:
I didn't know about the elections. Lol. Are we going with this pattern? I need to know before the opening :)
הערה:
Don't think I'm going to short this blindly in the morning. No. We'll take a look.
הערה:
Those big orders on SPY on Friday afternoon make sense now. I guess some people just know the future :)
הערה:
I trade US day sessions only - in case if somebody wants to know - not trading this atm, completely flat this weekend.
הערה:
Don't be in a hurry to short this. There will be tons of time. An amateur's opinion only :)
הערה:
הערה:
הערה:
but you have to look like this to be a trader
www.youtube.com/watch?v=YRGHUUrB...
www.youtube.com/watch?v=YRGHUUrB...
הערה:
I don't trade without looking at the volume. I don't know how people do it.
הערה:
הערה:
I'm going to stay up all night (taking care of business) - feel free to write.
הערה:
I'm not trading this atm, but if I was I would be staying flat. Opinion.
הערה:
On that second chart I showed SPY going up in the morning. Send me some cheers. I even didn't know about the elections - I'll be struck by lighting.
הערה:
So tomorrow's high of the day is the time when I'm going to enter. That has been my plan since Friday after-hours.
הערה:
I'm expecting a failed breakout to the upside and then lower. In the morning.
הערה:
הערה:
To summarize:
1) I agreed that this move was not sustainable and is likely to have a deep retracement
2) I recommended to wait for a range consolidation and accumulate a short position slowly - preferably after a failed breakout to the upside
3) I was being polite and didn't call anybody names
4) I'll be back tomorrow to drive more people crazy with my constant updates
1) I agreed that this move was not sustainable and is likely to have a deep retracement
2) I recommended to wait for a range consolidation and accumulate a short position slowly - preferably after a failed breakout to the upside
3) I was being polite and didn't call anybody names
4) I'll be back tomorrow to drive more people crazy with my constant updates
הערה:
let's cooperate on finding the high of the day
הערה:
הערה:
הערה:
nice heads up on the low
הערה:
mirror
הערה:
הערה:
accumulating a very small options position, epx in 26 days, staying brutally modest, thx
הערה:
הערה:
need to take care of things this morning, but reading the site
